AT&T is in talks to merge its WarnerMedia media and entertainment division into Discovery, The Information confirmed in what would represent a major retreat by the telecom giant. Bloomberg first reported the news. AT&T owns HBO and the HBO Max streaming service, as well as CNN, TBS, TNT and Warner Bros. Discovery, which is partly controlled by media mogul John Malone, owns a...
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The Briefing Autonomous Vehicles Startups
Way Mo’ Cash for High-Tech Cars
Alphabet’s self-driving car subsidiary Waymo on Wednesday said it raised $2.5 billion from investors, with an asterisk: Alphabet was the lead investor in the round, according to a person familiar with the deal. In Silicon Valley, the lead designation usually belongs to the party that contributed half of the total amount in the round. So either Alphabet CFO Ruth Porat wanted to make sure...
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